All posts tagged Caterham Cars

PARIS—Renault SA and British racing-car company Caterham Cars on Monday said they would share the costs of designing, developing and manufacturing a family of sports cars that would be available in about four years.

The joint venture, which will revive Renault’s Alpine brand, is in line with Renault’s strategy of moving more upmarket and relying less on its core models. The move comes as Europe’s mass-market auto makers are struggling to maintain market shares by slashing sticker prices.